Dubai – Mubasher: Dubai Investment Company on Monday announced that it leads a consortium to fully acquire Kent College Dubai in a sale-and-rent-back deal.
Dubai Investment is the main investor in this deal, according to a company statement.
Al Mal Capital organised the deal with its partners, restructured Kent College Dubai, and acquired a stake in the latter in partnership with other investors, the company revealed.
The company gave no further details on the value of the takeover.
Kent College Dubai is situated on 560,000 square feet and comprises 2200 students.